The S&P 500 this year is up 8.6%, despite the Federal Reserve increasing interest rates to 5.0% to 5.25% last week, its 10th interest rate hike in about a year. This would represent the highest since August 2007. S&P 500 Sector Performance Reviewing the year-to-date sector performance, technology is up 20.41% while communication services is up 18.22%. The third best sector is consumer cyclical (also known as consumer discretionary) which is up 11.25%. The worst performer of the year has been energy, down 5.41%, which is not a surprise given that in 2022 it was the best performing sector. S&P 500 sector performance as of May 5th close Looking at the top 10 stocks of the S&P 500 by weight, mega cap stocks like Apple is up 38.78% in 2023, while Nvidia is up 100.35%! Top
Interesting AMD - The lower high and higher low gives rise to a tapering channel/wedge - The lower high on 10 May and higher low shapes the price action into a tapering wedge/channel (white lines) - The median is about 88+ - MA5 has crossed MA20 - Friday found support again at 94 (previous bull flag and support) - AMD has to show itself next week(s) by staying above 88 (also Fib 61.8) to maintain a possible breakout of the tapering channel - If it breaks below 88, then very possible to break below channel which would come up to 85 as a support Hourly Chart - Sell channel for a long time recently changed to buy channel - Was on way up when earnings brought it down to 80 but since back on track in the buy channel My Watches - Another lower high would mean 100/102 are near term limits -
Mother's Day is around the corner, and it's time to show our appreciation to the most important woman in our lives. One way to do that is through sharing the food that our moms have cooked for us, or the food that we have cooked together.That's why we are launching the "Mother's Day Food Sharing" campaign. We invite you to share your favorite recipes and food photos with us. Whether it's a family recipe that has been passed down for generations, a recipe that you have modified to your liking, or a cake or cookie that you have baked from scratch, we want to see it all.By participating in this campaign, you not only get to share your love for food, but also showcase the bond between you and your mom. It's a way to honor the memories, the traditions, and the flavors that have shaped your rela
Follow me at @Alice Arnault and let us learn and earn together![Lovely] The use of ADR is very common on Tiger express and related news. A few have expressed that they are the same as stocks but it's actually different When someone says an ADR has fallen, it means that the price of the American Depositary Receipt (ADR) has decreased in value on the U.S. stock exchange where it is traded. This decline in the ADR's price may be due to various factors, such as changes in the underlying foreign company's stock price, fluctuations in currency exchange rates, or shifts in market sentiment towards the company or its industry. The difference between an ADR falling and a domestic stock falling is primarily related to the
In today's edition, we will track the fundamental readings of long-term bullish companies in strong (TigerTrade Top 1 Gainer) concepts each week and look forward to your attention and discussion.Disclaimer: Capital at risk. This is not direct financial advice or a recommendation to acquire or dispose of any investment, but for communication only. Apple capped off big tech earnings with stronger-than-expected iPhone sales and $90 billion of buybacks and dividends. That helped offset regional banks freefalling, with the market focused on $PacWest(PACW)$ and $Western Alliance(WAL)$ among others. Additionally, JPMorgan Chase “rescued” First Republic Bank to start the week. The best-performi
In today's edition, we will track the fundamental readings of long-term bullish companies in strong (TigerTrade Top 1 Gainer) concepts each week and look forward to your attention and discussion.Disclaimer: Capital at risk. This is not direct financial advice or a recommendation to acquire or dispose of any investment, but for communication only. Apple capped off big tech earnings with stronger-than-expected iPhone sales and $90 billion of buybacks and dividends. That helped offset regional banks freefalling, with the market focused on $PacWest(PACW)$ and $Western Alliance(WAL)$ among others. Additionally, JPMorgan Chase “rescued” First Republic Bank to start the week. The best-performi